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FOX Business
Feb 23, 2013 10:00am EST
drones flying over the united states. higher gasoline prices, higher taxes, weakening the economy and taxes, weakening the economy and harris on what the future holds. at a dry cleaner, taxes, weakening the economy and harris on what the future holds. we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to u all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. hey do you wanna get a drink later? progressive direct and other
CNN
Feb 16, 2013 9:30am EST
what we've recovered from. the minimum wage economy, is that what we're recovering to? good morning, i'm christine romans. 28 months in a row, 6.1 million jobs created in the past three years, but the jobs we're adding are not the same quality as the jobs we lost. survey from rutgers university finds 60% of people who found work in six months settled for lower pay. these aren't jobs you can send a kid to college on or buy a house. president obama detailed his blueprint for boosting the middle class. the only new proposal was an old one, raising the minimum wage. >> let's declare that in the wealthiest nation on earth, no one who works full time should have to live in poverty and raise the federal minimum wage to $9 an hour. >> free action was swift and fierce. conservatives say, hey, that's a jobs killer. progressives say it lifts families out of poverty. the problem, you can't find studies to support just about any position. a study found the new minimum wage actually means fewer jobs for low-skilled workers but a study by alan krueger concludes minl mihm wage hikes dewpoint reduce em
FOX Business
Feb 23, 2013 4:00am EST
to the economy. >> is this short -- >> it will ultimately work out if the economy can get by with the back to normal payroll tax. this could juice it back around. there's no perfect plan the government can do, but it's possible this payroll tax cut could be lowered in the recession and raisedded in boom times to make up for the cut. lou: good evening, evrybody the day can be described as quiet from washington to the middle east, where as two days for market selloffs brought i told you sos from some wall street gurus. today's triple digit rally in the dow was unobserved by those who lost the narrative. as surrogates and private campaign force, organizing for action, worked to upend the second amendment, the president, himself, seems most willing to put a electoral risk, and the democratic senators and they had the elections, and facing constituents on gun control, trying to explain the president's early enthusiasms and why he's silent about it now. the president privately meeting with white house reporters today who took with it, pins, cameras, or anything with which to record the president
KICU
Feb 19, 2013 4:00am PST
in the economy. still to come, the hunt for the hot idea. why venture capitalists are ramping up the search for the next big thing. that's later. but first, why farmers are bracing for higher expenses in 2013. that's next with bill moller. some quiet but very important changes are taking place down on the farm these days. they're prompted by the sky-high land prices that we have seen for the past few years, but also by new technologies and greater efficiencies. these changes are outlined in a report from the federal reserve bank of chicago. david oppedahl is the business economist who compiled the data. why don't you first talk, david, in general terms about these changes and trends? > > agriculture is seeing a lot of activity in the last few years as some of the commodity prices have gone up a lot and you see corn and soybean growing in terms of the ability to grow, but then also as the prices have been higher, the yields are higher in general, but then this last year was a drought year, so that kind of set some momentum back. but overall, the land values have been rising, the efficiencies
FOX Business
Feb 17, 2013 11:00pm EST
these markets and the economy is headed, well, we will be talking with and welcome to our own rick adonis, senior u.s. economist for deutsche bank security. good to have you here. your year. i mean, we have people walking around with long faces. all parts of the country because they're unemployed. the economy is contracting. and they just don't understand how nice it is to be on wall street. >> well, it is chilly down on wall street. i assure you. but we are seeing some positive signs in the economy. so, yes of the fourth quarter did not look so great. the best top-level gdp number. but when you look beneath the surface we see some important undercurrents. does green shoots cut consumer spending. lou: seeing that come back. >> consumer spending is picking up. the investment which had been contracting. nav is picking up again. the housing market is picking up. but the domestic economy looks dece. it needs time to run until that an employer rate is down, but it increasingly looks like we are building some momentum. lou: you know, i really am. and i am delighted to see your optimism and to h
MSNBC
Feb 16, 2013 7:00am PST
be quote as necessary to defense as it is to the national economy and the personal safety. as president, eisenhower set out to gather national support complete with a made-for-tv style campaign ad. >> in this century, america has become a nation on wheels. we ride on wheels to work, to shop, to play, to go about any place we want to go. we depend on wheels to bring us the food we eat and the clothes we wear and the things that we use, but when we depend on wheels, we depend also on highways. >> but of course, as all things in washington tend to go, the 34th president struggled with the lack of consensus. governors, democrat and republican, fought eisenhower e on with what they called his plan for the biggest federal aid programs, calling the republican president to task for running away from his staunch opposition to federal encroachment on state sovereignty. it was in fact the democratic senator from virginia, harry byrd, who tried to block eisenhower's plan, and byrd was known as a pay as you go man, and he had a wild hatred for debt. after a lot of coalition building president dwight
CSPAN
Feb 17, 2013 10:30am EST
and dedication have not yet been rewarded. our economy is adding jobs -- but too many people still can't find full-time employment. corporate profits have rocketed to all-time highs -- but for more than a decade, wages and incomes have barely budged. task,our generation's then, to reignite the true engine of america's economic growth -- a rising, thriving middle class. [laughter] --[applause] it is our unfinished task to restore the basic bargain that built this country -- the idea that if you work hard and meet your responsibilities, you can get ahead, no matter where you come from, what you look like, or who you love. it is our unfinished task to make sure that this government works on behalf of the many, and not just the few, that it encourages free enterprise, rewards individual initiative, and opens the doors of opportunity to every child across this great nation. [applause] the american people don't expect government to solve every problem. they don't expect those of us in this chamber to agree on every issue. but they do expect us to put the nation's interests before party. [applause]
CNBC
Feb 22, 2013 6:00am EST
about. number one, is it because the economy is better or are they worried about creating an effect. the other thing is, were they trying to make credit so available that they risk ed -- remember they said that yesterday. they were trying to move it out the curve. >> and they were trying to -- >> but then people like santelli would say it they didn't realize what the possible outcome could be. >> ahead of this appearance, i would like to think about the downplays a minute. >> right. and in this latest fed, which is very transparent, a lot of times they've made some moves like this that are talked about and conjectured and all of a sudden they're available to come on. >> i bet he's one of the guys in the room who was making a big stink about where things are headed. >> the other thing that i wonder, given that everybody knows -- >> i think he's been concerned for a while. >> but given that there are minutes and everyone knows there are minutes being taken, i think if you are a hawk in all this, you show up in the meeting and you are as loud and as prod as humanly possible to get your
FOX Business
Feb 22, 2013 1:00pm EST
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> at 20 minutes past the hour, i have your fox news minute. a south african judge has allowed oscar pistorious to go free on $113,000 bail. the track star is charged with the murder of his girlfriend on valentine's day. oscar pistorious says he shot the model accident late thinking she was a intruder in his house. prosecutors say it was premeditated murder. a fire department official says only the flight team was on board the chopper when it went down. it was heading to pick up a patient 70 miles away. cuban president has raised the possibility of retiring, but did not say when he may make that decision. the 82-year-old leader made the comment in savanna. those are your headlines on the fox business network. back to ashley. ashley: all right. thank you very much. shibani: representatives from boeing meeting with the faa today. solutions for the battery fires that have grounded the 7873 minor. peter barnes is in washington. peter: top boeing executives are expected to propose a new design for
FOX Business
Feb 21, 2013 9:20am EST
's a measure of the overall economy. wal-mart took in less money. wal-mart sales were down. wal-mart tells the economy's story. what's going on here? well, start with gas prices, up again today, by the way. up nearly 50 cents this year, you can't spend at wal-mart when your gas costs so much more, so suddenly. and then there's taxes up for everyone as of january the 1st. you spend less when your paycheck shrinks, throw in rising unemployment and a president who wants another round of tax hikes and you've got a weak economy. telling me, really? is it all the republicans fault? "varney & company" is about to begin. [ male announcer] surprise -- you're having iplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new ansmission. [ coyote how ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. >> all eyes on the market this morning. question, will the selloff continue? remember, two
FOX News
Feb 20, 2013 1:00pm PST
immediately. it would be over time. jay carney insists just the fear out there is hurting the economy and the point is not whether it's march 1 or march 10. >> what happens on march 1? , march 2? when you say -- the president said hundreds of thousands of jobs. there's not going fob hundreds of thousands the first week. >> no, but there will be job losses. >> quantify this, you're scaring the public that this is going to be happen. >> so the you don't see economic firms are scaring the public and the cbo. >> how do you back up that it's urgent and hundreds of thousands of -- >> i would love to rewind to the questions i get the day of the gdp figure came out for the fourth quarter. the questions were alarming. maybe you were trying to scare the public but you asked sensible questions. one of the reasons we got the number we got despite other positive news was because industries, especially in the defense sector, were anticipating the implication of the sequester. >> so speakeron boehner is out with an op-ed that also warns about major deep cuts coming as well. he puts the own news on t
CSPAN
Feb 23, 2013 4:30pm EST
immediately afterwards. this assumption was that the economy would continue to improve or would improve. i think running and losing in 2008 was liberating for him. he found that he could be happy. we kept talking. he wanted to talk about it. we had a busy 2010 client schedule. he finally said, on election day 2010, if you cannot do anything for your client, why don't we meet? ok. we can do that. my partner and i met him. we met him in boston. that was when i got a sense that he was intending to run. >> he was serious? and he made the decision? >> yeah. >> covering the white house, he always viewed mitt romney is the face of the republican party. is that unfair? >> no. after the 2008 election, we were thinking about the future. he asked me who i thought the nominee would be in 20 20. i said, mitt romney. i knew we were heading into an economic maelstrom. i spoke earlier to a group about this opposites theory of presidential races. romney and the business background seem like the kind of person who could emerge from that. on election day, that election sort of altered my thinking. it was cle
FOX Business
Feb 20, 2013 9:20am EST
this year, we're on track to take what, 60, 70 billion dollars out of the economy. question, why is this happening? former shell oil president john hofmeister, 10:45 this morning. listen to this, not only has colorado legalized recreational use of marijuana, he wants to use pot as a tourist draw, a tourist attraction, if you're over 21, feel free to smoke up. forget amsterdam, hop a flight to denver and light up a joint. we'll have more on this at the top of the hour, including how this could be a boom for lawyers. and i bet a lot of people will try to bring pot home from colorado not allowed and a defense attorney for you, all right. let's get back home, shall we? and so far, a tranquil america, we are 128 points away from the all time high this is, and up next, we will ask a trader if investors really care about spending cuts, sequester, do they care the at all. the opening bell next. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmissi
CNBC
Feb 20, 2013 6:00am EST
a question on everyone's mind -- how do we get the economy to grow from here? no one knows better than the leaders of corporate america. joining on set this morning, 32 adviser ceo robert wolfe. we'll have hanes celestial ceo irwin simon. and the kraft group president, jonathan kraft. >>> on the lighter side of things, spring is around the corner. that must meantime for baseball. white sox vice president ken williams will join us to talk business on and off the diamond coming up at 8:40 eastern time. >>> an interesting mix of topics in rotation today. first, let's get over to andrew with the top headlines. >> thanks. >>> boeing reportedly found a way to fix battery problems with its grounded 787. here's what's happening. involves increasing the space between cells in the battery. a source tells reuters the gaps between the cells were why there was overheating. we'll talk about that in a bit. >>> in other news on boeing, the company's engineers are split on a contract. the largest professional group approved the planemaker's latest contract offer. but members of a smaller technical unio
CNBC
Feb 21, 2013 6:00am EST
at the pump for the last month. joining us in the next hour, oil man boone pickens. so the economy is at the top of the hour. andrew will get you up to speed on the day's other headlines. >> hedge fund manager david einhorn is taking his apple campaign directly to shareholders. he's going to be hosting a conference call today to argue the merits of distributing hedging preferred stock which, of course, is what this big debate is about. einhorn is battling and seeking an injunction next week to abolish a system for issuing preferred stock. i got a letter overnight from the nation's foundation which has a stake in apple and they are pushing back against david einhorn, something we should probably talk about a little later. >> we will. >> also in the news this morning, boeing is expected to meet with the faa tomorrow and launch a formal plan to get its grounded 787 back into service. the company will be proposing a resign of the dreamliner's batteries. officials say the jets could be back in the air within two months. >>> finally, appear highser bush, inbev want a court to grant a sho
FOX News
Feb 22, 2013 3:00pm PST
humira, to help relieve your pain and stop further joint damage. >>> the overall effect on the economy is slow down the recovery. not only end up being direct job loss but because the economy is softer it means we won't be driving down unemployment as quickly as we should. >> are you willing to see a bunch of first responders lose their jobs? teachers laid off? air traffic controllers and airport security, hardship on a lot of people. seep yours, middle class families scram to believe find child care for their kids. bad idea. a bad idea. >> the sequester was the administration's idea. in they were president obama's idea. >> the so-called "sequester" was obama's idea in the first place. he signed it in to law. >> white house lemede recommendd this. >> bret: conservative group crossroad gps launched that ad today, that video. before that you saw the president at the white house. answering president at appearance with the japanese prime minister. bring in our panel. fredbars, "weekly standard." juan williams, columnist with the hill. syndicated columnist charles krauthammer. fred, where d
CSPAN
Feb 22, 2013 5:00pm EST
. agriculture is an important part of our economy and agriculture remains relatively strong in nebraska. for second and cattle, third-quarter production, sixth in soybean production in the second begin ethanol producer. however, farmers and ranchers have also faced the challenge of the drought this past year and they've managed their operations with the efficiency and flexibility. water resources who can give you to be a challenge for agriculture, businesses and communities due to the continuing drought. exports are important to nebraska on my summer that a trade mission to china. we can do need to expand and strengthen a relationship to china, just like canada, mexico, japan and many other countries. during the past few years, nebraska asked for to china have grown rapidly in china is no nebraska's fourth-largest trading partner. the nebraska china relationship is just beginning and i'm confident this will be a growing and improving relationship for many years to come. as we continue to make state government more efficient and accessible to citizens, how to recognize professionals thro
FOX Business
Feb 19, 2013 11:00am EST
that depend on them, or would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthiest americans and biggest corporations? that's the choice. are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? are you willing to have teachers laid off or kids not have access to head start? or deeper cuts in student loan programs? just because you want to protect the special tax interest loophole that the vast majority of americans don't benefit from. that's the choice. that's the question. and this is not an abstraction. there are people whose livelihoods are at stake. there are communities that will be impacted in a negative way. i know that sometimes all this squabbling in washington seems very abstract. and in the abstract, people like the idea, you know, there must be some spending we can cut. there must be some waste out there. there absolutely is, but this isn't the right way to do it. so my door is open. i put cuts an
Current
Feb 20, 2013 3:00pm PST
and to our economy. cbp would have to furlough all of its employees reduce overtime, and eliminate hiring to back-fill positions. >> michael: in all, homeland security would lose 5,000 agents. that is a big deal. next up, gun control. the president wants universal background checks but a sequester would make such a system difficult to enact would it would mean cuts in agents and federal attorneys. and then there is education. the president has called for universal preschooling but the sequester would slash $400 million from head start and that means nearly 63,000 children would be dropped from the program. the republicans outlook seems to be, if we can break the economy now, we have bought the presidency in 2016. joining me now is juana summers, she comes to us from washington, d.c. welcome back inside "the war room." >> thanks for having me back. >> michael: so how damaging actually will these cuts be to the president's second term agenda. >> it's important to note when you talk about sequestration it touches every part of the american economy, big prior advertise t
CSPAN
Feb 15, 2013 10:30pm EST
that trend and take one oracle -- 1-2% of our economy every year to convert to green energy, we would be much further ahead. i'm so tired of the republican party to always be anti-green. we have an issue on this planet. i would like to see some things done in regard to that. green energy is important, and we should pursue it. thank you so much. guest: nobody is saying that it is not important. what they are seeing is that the federal government does not need the department of energy -- it does not need to be putting money into loan programs for companies like solyndra and fiskar. others -- they have gone bankrupt the. have gotten hundreds of millions of taxpayer dollars for loan programs and all of those companies that got those loans with that taunt of money have gone bankrupt. something is wrong with the vetting process and something is wrong with technology that it is not working in the marketplace. i had solar panels on my house in tennessee as a test keys thursday as a test case 30 + years ago. they're looking to see if we could get enough heat units per day in solar panels. we never got
CSPAN
Feb 15, 2013 8:00pm EST
are here to stay. we understand that. we have to play a role, because the status of our economy and our fiscal capacity is a key piece of our strength and a nation, and we understand that. but our domestic fiscal constraints do not diminish budding threats overseas. many of the challenges we face are in headlines at every day, whether the aggressiveness of north korea and iran, the proliferation of weapons of mass destruction, continued turmoil across the middle east and north africa, or with a growing threat of cyber attacks. as a joint force and an army, we must make decisions based on the context of the security environment and the historical experience, not false assumptions about the future. last year the department of defense to build a collaborative process to publish a 2012 defense strategy. the strategy calls for on the department to invest in the capabilities critical for future success cannot resist the temptation to sacrifice readiness to retain force structure, rebuilt readiness in areas that would be emphasized over the past decade. a fundamental role in 10 of 11 identifie
CSPAN
Feb 21, 2013 1:00am EST
misconception that he land immediately afterwards. this assumption was that the economy would continue to improve or would improve. i think running and losing in 2008 was liberating for him. he found that he could be happy. week at talking -- we kept talking. he wanted to talk about it. we had a busy 2010 client schedule shoul. he finally said, on election day 2010, if you cannot do anything for your client, why don't we meet? ok. we can do that. my partner and i met him. we met him in boston. that was when i got a sense that he was intending to run. >> he was serious? and he made the decision? >> yet. >> covering -- yeah. >> covering the white house, he always viewed mitt romney is the face of the republican party. is that unfair? >> no. after the 2008 election, we were thinking about the future. he asked me who i thought the nominee would be in 20 20. i said, mitt romney. i knew we were heading into an economic maelstrom. i spoke earlier to a group about this opposites theory of presidential races. romney and the business background seem like the kind of person who could emerge from
CNBC
Feb 22, 2013 4:00am EST
it's always relevant to economies in europe. they are facing an overshoot of the exchange rate, but it is too high for their purpose. that is going to bring the tension back into euro net. >> and speaking of italy, we79 to remind folks what else is coming up on today's program. the final countdown is under way for italy's election. we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had an impact on market performance for the past few
CSPAN
Feb 22, 2013 6:00am EST
misconception that he planned to run immediately afterwards. i think it's -- his assumption was that the economy continued to improve our would improve and i think running and losing in '08 was very liberating for him. and he found that he could be very happy. we kept talking around it, you know, we had a very busy, he wanted to talk about it. we had a very busy 2010 client schedule, in a very mitt romney way he said finally, well, on election day 2010, you can do anything for your clients, why don't we meet on election day 2010? i said, okay, i can do that. so my partner and i met him in boston at his condo on election day 2010. and that was a thing when i got a sense that he was really intending to run. it was serious before but i got the sense he definitely was going to run. >> david, covering the white house, i got the sense that you guys thought you were running against mitt romney. you always sort of viewed mitt romney as the face of the republican party. is that an unfair -- >> no. in fact, the president and i after the 2008 election, we were musing about the future, and he asked me who i
PBS
Feb 18, 2013 3:00pm PST
>> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. after aurora, after virginia tech, after columbine, the question of gun violence becomes a recurring national conversation. this evening, newshour joins pbs in a week of special coverage on the topic of gun violence: "after newtown." the waves of reaction since december's connecticut school shooting continue to reverberate from coast to coast. >> now! ifill: as gun-control activists push for stricter laws. and gun owners chafe against the prospect of new regulation, crossing for... causing for now an increase in sale in firearms and attendance at gun shows. that dpebt is now spre
MSNBC
Feb 23, 2013 7:00am PST
we all lived when the floor fell out of the 2008 economy. that was the detroit represented by the three big auto manufacturers whose failure would have symbolized to many of us the very failure of america, and that detroit as the obama for america campaign reminded us repeatedly, is now very much alive and kicking. but that detroit, the detroit we all want to see survive, exists in the entire country, not within any specific municipal bounds. then there is the literal detroit, the one where people live, the renaissance city founded initially in 1701. once it was a hub for mechanical manufacturing and detroit in the mid 20th century was a magnet for those looking for work. the city's population grew to more than 1.8 million residents in the 1950s. today, according to the latest census, detroit is the only -- the country's 18th largest city with just more than 700,000 inhabitants, for a city that covers almost 139 square miles. a space that san francisco, boston and manhattan could fit in with room to spare. there are so many factors contributing to the city's financial distr
CSPAN
Feb 20, 2013 8:00pm EST
, the strength of our economy, the strength of our moral example, after balance those things. this university has been educating and training people to understand that balance since its very beginning. i spoke this morning with a whole group of very talented young rotc students, many who are getting ready to graduate in commission on the three programs operating on the status. -- on this campus. the university has put 1079 people into the peace corps in its 51 year history. numerous people over the course of the university history have gone to work in the state department's. then we can go broader, teach for america, or the students who have trained over generations to get jag program degrees, military law degrees here. this university is so committed to that global role that we are supposed to play as citizens and to keeping those balances of strength and balance. there's really no one today on this stage in our country where exemplifies keeping those invalid better than our speaker. we're so glad to welcome here to the ground and to the commonwealth. please give a warm welcome to secretary john
CNBC
Feb 22, 2013 9:00am EST
economy will see back-to-back years of contraction for the first time. of course, now the focus turns to the weekend's italian elections. overnight in asia. shanghai is closing out its worst weekly loss in two years. nikkei managing to close higher. road map this morning starts with the markets. we' results from aig and upgrade for home depot helping stocks today, and hewlett-packard. >> hp is popping pre-market on the back of the earnings. sigh of relief for the investors as the company showed some progress with its turn-around. david will have the exclusive with meg whitman in just a few minutes. >> more signs of consumer trouble. nordstrom gives a weak outlook. darden revising lower its outlook for the year. >>> we start off with the markets. pointing to a big rally today as the market recovers from fears that the fed will halt its easing process sooner than expected. this after stocks post their biggest two-day drop of the year, closing at two and a half-week lows in the heaviest vim trading day in 2013. >> i feel that there were some calls yesterday on dennis garvin saying 100% c
CSPAN
Feb 22, 2013 2:00pm EST
that will spur a new american economy that is focused again on making and innovating and growing and manufacturing and exporting. the long-term security and absolutely dependent on managing these risks we have identified today. it is that important for this country. you all can help. one man who understands this better than most is tom daschle. i can say a lot of things about tom daschle. i can talk about his military career in the air force. i can talk about his service in the house of representatives and his extraordinary leadership in the senate. the only person to serve as a majority and minority leader. i have said a lot about this man in terms of what his counterparts thought of him. i prefer to talk about tom daschle the father and grandfather. i think you can tell the measure of a man or a woman by the children. tom has got three great kids. i had the pleasure of knowing all of them. his daughter is an award- winning journalist. his son nathan is a social entrepreneur. his daughter lindsay, my favorite -- he cannot say that -- works at usda. she did an extraordinary job o
CSPAN
Feb 21, 2013 12:00pm EST
, then when you achieve those economies of scale, then they are strictly price competitive in the marketplace. if you can allow, ma continue to march down that technology pathway, then we think that eventually you can see a scenario where you don't need them. we hope. you know, and i think we have seen that in our technologies. each of our technology pathways have an endpoint that is below the current prices of the income the technology they are competing with. i think you'd see sort of a natural exit point right there. >> thanks. i will take one last question. >> thanks. thanks very much for the conference. i have a question for kevin. unless i missed it, one of the priorities you did not mention was a clean energy standard, and that was a priority of previous committee chairman, and wondered why that wasn't one of the priorities of senator wyden. and if the answer is, it is no chance of passing the house, or it has no chance of passing the house -- i would be interested in hearing your thoughts on that and your thoughts on why energy standard is not a viable strategy no. >> sure. i think ac
NBC
Feb 18, 2013 6:30pm EST
evening to you. $3.99 at this gas station right here. the timing is not good for this. the economy is fragile, and all the money that is going into gas tanks, it would and could be going into instead groceries, maybe a movie out, maybe a dinner out. at gas stations across the country, customers are asking the same question. what could possibly send gas prices up 43 cents in a month? that's an extra $8.60 on a 20-gallon car. in chicago, more than that, up 70 cents in a month to 4.$4.22 gallon. for taxi driver ray hubert, that's real money. >> it digs into my pocket. i pay for my own gas, nobody else pays for it. >> reporter: in los angeles, up 50 cents in a month to $4.28, some stations charging more than $5 a gallon. >> it doesn't make sense. we went to vegas last weekend and the prices were like $1.50 less. >> reporter: were portland to portland, gas prices have risen every day for the last month. >> the rising gasoline prices is extraordinary for this time of year. we usually see this happen as we go into the summer driving season. >> reporter: what's going on? analysts say the r
PBS
Feb 22, 2013 3:00pm PST
and other theatre, and that's a big effect on local economies, in areas like rampton rode, virginia, san diego. and it's an effect affect that will be clearly felt on contractors who rely on navy contracts for shipbuildings. so i think the affects will be gradual. no one can really tell when the agencies will sort of pull the plug. and as i said, the cuts nay not take effect for that long. >> suarez: you said at the outset there is a political dimension to this. of course as we enter the final week there most certainly is what is the they are telling opinion researchers if friday comes and goes without a deal? >> well, i think part of the problem is that many americans don't really understand what sequestration is. it's become this obsession in washington. but many people are only just now beginning to become aware of it. but the recent, a recent poll by the pew center for research said that many more republicans would be held responsible than would the obama administration. on the other hand, as i said earlier, republicans have been putting pressure on the administration for two years,
FOX Business
Feb 20, 2013 3:00pm EST
it away. the economy is doing better than i should be good for stocks, new money to stop the slide, or things continue to get worse and we see we need more qe, that is good for stocks, stocks will go up again. both scenarios will tell you we need fresh money or bottom pickers coming to the market when normally they would be much bigger but they will be muted because the cash coming in for cheaper buying opportunities. liz: as we continue to watch the major indices, let's go to mike, that was so oil falling more than $2 obviously a stronger dollar today, that has to have something to do with it. how much does the output plane to this? >> i don't have much to do with the saudis thing. the rumors of somebody going out there and liquidated. i started around 11:00 this morning a stop order traded and the market froze up about 10 seconds, so i think it has more to do with a panic, everybody getting out of the commodity space. it was a fun liquidation. liz: if they feel they want to take some money off the table, is that what we're talking about, or is somebody in trouble? >> somebody is
FOX Business
Feb 20, 2013 11:00am EST
a $15.8 trillion economy. it is one quarter percent of the size of our overall economy. dagen: do these need to happen, though, as far as a base line? if we let these have been and realize they are not hard on the economy, that could open the door for something more serious? >> they also need to have basic credibility. spending cuts are counted over ten years. they have not yet happened. these are clumsy cuts. it would be nice to have them replaced by more targeted cuts. it is better to have more cuts really in the bank taking place. like me saying i am going to go on a diet, but i am going to eat a big desert right now. i eat the calories now and i never get around to dieting later. dagen: do you believe that the markets, those still willing to lend money to the u.s., that they need to see movement in order to feel secure about, not just find that that, but continuing to own it at this point to be satisfied that we will try to at least begin to write ourselves financially. >> the problem is, the real things we need to address are the things that drive the debt of five years down
FOX Business
Feb 21, 2013 1:00pm EST
its economy eventually was created, he has a job. details coming up. ♪ today is gonna be an impyou ready? for us. we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. shibani: get ready for it. moving coast to coast a winter storm now hammering places like kansas and nebraska. where is it heading next? we have the very latest. should i be getting my snow boots out for the weekend? >> that definitely depends on where you live. a lot of whether going on this afternoon. heavy snow continues to fall right around the st. louis area. that being mixed in with some sleep there. we are getting reports of anywhere from nine-11 inches already right around the kansas city area. this is an ice storm. very slippery conditions around springfield. that is likely to continue. the words of this storm likely to occur along i-34. that wi
MSNBC
Feb 17, 2013 9:00am PST
the state of the economy, he probably should have lost and he won not just because of mitt romney's inadequacies, but because he built the finest political organization in recent american history with more than 1 million volunteers. >> you share that in common with barack obama. his hometown of chicago. your hometown is chicago. >> i met barack obama in 2002 and at that time he had just lost for the house of representatives. he told me when we first met when my aunt had died and he came over to pay respects to my cousin's house. he said he was going to run for the u.s. senate. i remember thinking, wow, that's a lot of nerve. he just lost for the house and he is running for the senate? yes, i knew him and i knew a lot of the people around him in chicago for many years because i grew up in chicago politics. my mother was a politician. my mother new barack obama in the '80s. so, you know, in some ways i'm familiar with the political environment that he came out of and i think that, you know, it's giving me a little bit more insight going back with these folks for quite a long period
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